Massachusetts Agreement for Donation of Land to City

State:
Multi-State
Control #:
US-00207
Format:
Word; 
Rich Text
Instant download

Description

This Agreement for Donation of Land to City is an Agreement to donate land to the city with a reverter clause. Tthe Owners have offered to donate the specified land, subject to certain conditions as identified in the Agreement and the City will agree to those terms. The Owners will also have a right of first refusal to match the price and terms of any proposed sale of any of the property donated to the City. This Agreement can be used in any state.
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How to fill out Agreement For Donation Of Land To City?

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FAQ

The most common way to protect land is by conservation easement. A conservation easement (also known as a conservation restriction or conservation agreement) is a voluntary, legal agreement between a landowner and a land trust or government agency that permanently limits uses of the land in order to protect its

Here are the steps to form a 501(c)(3) nonprofit corporation in Massachusetts.Choose directors for your nonprofit.Choose a name for your nonprofit.Appoint a registered agent.File Massachusetts nonprofit Articles of Incorporation.Prepare nonprofit bylaws.Hold a meeting of your board of directors.More items...

A land donation can be structured to allow you to continue to live on the land by donating a remainder interest and retaining a reserved life estate. You may also choose to donate land by will, continuing to own and control your land during your lifetime, but assuring its protection after your death.

To be eligible for 501(c)(3) status, the assets of your organization must only ever be used for purposes approved under section 501(c)(3). Option 1: File online with the Commonwealth of Massachusetts. State Filing Cost: $40 online, $35 by mail.

One way of starting a nonprofit without money is by using a fiscal sponsorship. A fiscal sponsor is an already existing 501(c)(3) corporation that will take a new organization under its wing" while the new company starts up.

Initial Fund Establishment: A generally accepted standard is that a foundation would need initial funding of at least $500,000 to warrant the effort if using a third party administrator. If the foundation is privately hiring a staff to handle administrative services, then $3 - $5 million in assets is preferable.

Conservation Land is land owned by the town, and designated as Conservation Land, under the management of the Conservation Commission in accordance with M.G.L. Chapter 40 section 8C (the Conservation Commission Act). Conservation land may or may not be open to the public for a variety of activities.

How to Start a Nonprofit in MassachusettsName Your Organization.Recruit Incorporators and Initial Directors.Appoint a Registered Agent.Prepare and File Articles of Incorporation.File Initial Report.Obtain an Employer Identification Number (EIN)Store Nonprofit Records.Establish Initial Governing Documents and Policies.More items...

To receive or renew your Certificate of Solicitation, you must complete Schedule A-1 and Schedule A-2 of the Form PC and submit it to the AGO, along with the rest of Form PC, other required attachments, and the appropriate filing fee. No fee in addition to the Form PC filing fee is required.

A CA real estate donation is a way for businesses and private property holders to give their unused, unwanted or underperforming titled property to our charity so that it can either be repurposed or used to generate a stream of income that can then, in turn, be used to support deserving societal issues / causes that we

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Massachusetts Agreement for Donation of Land to City